Jan 12, 2018 | charities, donations, financial planning, tax deduction, taxable income, taxes
The recently passed ACT is the most sweeping tax legislation since 1986. I will attempt to summarize some of the features that I believe may impact you and your taxes in the years ahead. The provisions that affect individuals are temporary until 2026; those affecting...
Aug 23, 2017 | donations, financial planning, tax deduction, taxes
If there a college student or perhaps several college students in your future an upcoming change in the Ohio program may be of interest. Anyone can benefit from contributing to this program as long as you have a beneficiary listed when setting up the account. There is...
Jun 1, 2017 | financial planning, taxes
Required Minimum Distributions are meant to reduce your funds in a timely manner and to fulfill your obligation of paying taxes on your deferred investment. Good planning and healthy stock market returns can leave you with a substantial balance in your account for...
Nov 1, 2016 | financial planning, tax deduction, taxable income, taxes, Uncategorized
During the year you may have been the recipient of unexpected funds (money!!!). Some are from a good fortune; others are from an unfortunate incident. If you have been involved in one of these situations there are tax consequences to consider. Some are short term...
